Location: Washington County, OH | Metro: Morgan County, OH
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $187,768 | 0.54% | F |
| 3BR | $1,370 | $245,822 | 0.56% | F |
| 4BR | $1,530 | $265,533 | 0.58% | F |
U.S. Census Bureau data (2024)
ZIP code 45786, located in Stockport, Ohio, stands out within Washington County due to its unique demographic and economic characteristics. With a population of 3,187 residents, only 11.5% of whom rent their homes, it reflects a predominantly owner-occupied community. The median income in this ZIP code is $70,917, which is higher than the national average, indicating a relatively affluent area. The median home value of $197,410 also suggests that homeownership is accessible to many local residents.
Moving into the specifics of Section 8 housing, the Fair Market Rent (FMR) for ZIP 45786 has been set at $1,030 for the fiscal year 2026. This figure represents the maximum amount that landlords can charge tenants participating in the Section 8 program. However, the current market rent, as per the Census American Community Survey (ACS), is significantly lower at $821. This discrepancy between the FMR and the actual market rent could present an opportunity for landlords who are willing to participate in the Section 8 program, as they can potentially increase their rental income by $209 per month compared to the current market rates.
The data signature for ZIP 45786 reads as stable. The low percentage of renters indicates a strong preference for homeownership among the residents, which is further supported by the median home value being within reach for many families. Additionally, the higher median income suggests that most residents have the financial means to maintain their properties and lifestyles without significant fluctuations. While the Section 8 program offers a chance to raise rents above the current market levels, the overall environment is one of stability rather than transition.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.